Byo firms

Byo firms reel from Zimra blitz

Byo firms reel from Zimra blitz

THE business community in Bulawayo has condemned the move by the Zimbabwe Revenue Authority (Zimra) to impose stiff penalties as well as garnish accounts of defaulting firms, saying the development is likely to increase company closures in the city.

Byo firms in meltdown

Byo firms in meltdown

A total of 10 Bulawayo companies have either been liquidated or placed under judicial management between January and June this year, compounding the former manufacturing hub’s woes as the country’s economy continues its marked slowdown, according to information obtained from the Bulawayo High Court.

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